Watch Demo

Latvia Art Industry Outlook 2022 - 2026

See how Latvia Art performed compared to key markets such as the United States, the United Kingdom and Switzerland.

Key Market Indicators

Latvian exports of works of art are expected to reach nearly $863 million by 2026, up 1.7% annually from 2021's $758 million. Since 1999, Latvian supply has dropped 6.6% year on year. In 2021, Latvia ranked 69th globally, behind Chile at $758 million. The United Kingdom, Switzerland and France respectively placed 2nd, 3rd, and 4th in the ranking. Latvian imports of works of art are projected to hit $628 million by 2026, decreasing 1.6% annually from 2021's $670 million. Since 1999, Latvian demand has decreased 19.9% year on year. In 2021, Latvia ranked 76th worldwide, behind Jamaica at $670 million. The United Kingdom, Switzerland and the United Arab Emirates respectively placed 2nd, 3rd, and 4th in the ranking.

Latvia Art Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

  • Photographic Activities: Navigating Industry Trends across European Landscape

    The European photographic industry has been undergoing significant evolutionary trends. The sector is notably shifting away from a traditional focus on hardware-based, film-centric processes to digital photography propelled by advancements in technology. This transition has inherent implications on the market's economics, not least the way firms generate revenue.

    Read more
  • Performing Arts & Spectator Sports: Unveiling Market Trends, Risks, and Opportunities

    The sphere of performing arts and sports observed as spectacles has been experiencing a pivotal shift largely driven by technological advancements. Live streaming and on-demand services are replacing traditional performance mediums, diversifying revenue streams. Innovations like virtual reality are offering immersive experiences, fuelling growth further. Fans and spectators now demand...

    Read more
  • Healthcare Innovation: Emerging Business Models in Medical Imaging Explored

    The medical imaging market has seen a notable shift in business models. This is largely propelled by rapid technological advancements and the need for higher efficiency in healthcare service delivery. A surging focus on patient-centric healthcare, cost efficiencies, and improved diagnoses has given rise to a paradigm shift from simply...

    Read more
  • Imaging Industry: Satellite and Aerial Perspectives on Market Growth and Innovations

    The imaging sector, particularly satellite and aerial imaging, is experiencing unprecedented dynamism, driven by technological advancements and rising demand across various industries. These include defense, environmental monitoring, urban planning, disaster management and agriculture among others. The market is expected to grow steadily, underpinned by increased government investments in space science...

    Read more
  • Imaging: An In-Depth Analysis of Multimodal and Hybrid Technologies Market Dynamics

    The market dynamics for multimodal and hybrid imaging technologies are influenced by a combination of various factors. Increasing incidence of chronic diseases, coupled with the global aging population, are necessitating more sophisticated diagnostic methods. This, in turn, is driving demand for these advanced imaging technologies. Additionally, continuous enhancements in software...

    Read more